

Libra Invest
424 posts

@michal_libra
📊 Evidence-based ETF investing 🛠️ Smart tools for strategy & rebalancing 🌐 True diversification, no hype 📘 Free data-driven investing guide ↓





U.S. commercial banks (e.g., JPMorgan Chase, Wells Fargo, or regional players) DO NOT typically hold significant amounts of physical #GOLD or #SILVER as a direct, owned asset on their balance sheets. Similar to physical gold, silver is not a standard or material component of commercial bank portfolios, which prioritize loans, securities, and cash equivalents over commodity stockpiles. If held at all, physical gold or silver would fall under obscure lines like “other real estate owned,” “trading assets,” or “other assets” in FDIC Call Reports, but aggregate data indicates it’s negligible—likely under 0.1% of total assets industry-wide. The physical #Gold and #Silver that U.S. commercial banks do hold are often that of their Customers’. The #Gold & #Silver are Custodial Holdings (Customer-Owned). The U.S. commercial banks are the custodians. They fall under the banks’ liabilities (Basel iii wording).
















$PEX.V - PACIFIC RIDGE
















Interesting... $BYND went from down 16% to down 8% Is the battle still going?